Postal Realty posts $0.12 EPS, $1.07 AFFO for 2023; rental income up 20%

Postal Realty Trust, Inc.

2023-FY EPS reported $0.12 revenue$63,712,000

Net income $3.7M ($0.12/diluted share); AFFO $27.3M ($1.07/diluted share) for year ended 2023.
Rental income increased 20% YoY; acquired 223 properties for ~$78M in 2023.
Q4 acquired 75 USPS properties for $20.7M; portfolio 99.7% occupied as of Dec 31, 2023.
Quarterly dividend raised to $0.24/share (+1.1%), marking fifth consecutive annual increase.
Collected 100% of contractual rents; 96% of debt fixed rate; weighted avg interest rate 4.14%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Postal Realty Trust, Inc. reported quarter ended December 31, 2023 results: net income $1.2 million, or $0.04 per diluted share, EPS $0.04 per diluted share.

Period: quarter ended December 31, 2023
Net income: $1.2 million, or $0.04 per diluted share
EPS: $0.04 per diluted share
Result: reported results

Exact text from the filing

Net income attributable to common shareholders was $1.2 million, or $0.04 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Postal Realty Trust, Inc. reported year ended December 31, 2023 results: net income $3.7 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

Period: year ended December 31, 2023
Net income: $3.7 million, or $0.12 per diluted share
EPS: $0.12 per diluted share
Result: reported results

Exact text from the filing

Postal Realty Trust, Inc. (the "Company") issued a press release on February 26, 2024 announcing its financial results for the year ended December 31, 2023.

View on SEC.gov

59 earnings releases filed in the last 30 days. Browse all earnings releases →

Postal Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-006916

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.